23 Oct 2014
AUD/JPY best day in a month
FXStreet (Córdoba) - The aussie is rising almost a hundred pips against the yen on Thursday, having the best day in a month. AUD/JPY printed a fresh daily high at 94.91 during the American session and currently trades at 94.85/90, up 0.88% from today’s opening price.
The Japanese currency is among the worst performers across the board and pushed the AUD/JPY to the upside. While AUD/USD remains flat trading around 0.8755, USD/JPY jumped to 108.30, to trade at levels last seen in October 8.
AUD/JPY technical levels
To the upside, the immediate resistance might lie between daily highs and 95.00; above here the next one might be located at 95.60, followed by 95.85 (Oct 9 high).
To the downside, 94.20/30 is now a support level to consider; the area capped the upside several times during the previous days but it was broken today. The next support might lie at 93.50 (weekly low).
The Japanese currency is among the worst performers across the board and pushed the AUD/JPY to the upside. While AUD/USD remains flat trading around 0.8755, USD/JPY jumped to 108.30, to trade at levels last seen in October 8.
AUD/JPY technical levels
To the upside, the immediate resistance might lie between daily highs and 95.00; above here the next one might be located at 95.60, followed by 95.85 (Oct 9 high).
To the downside, 94.20/30 is now a support level to consider; the area capped the upside several times during the previous days but it was broken today. The next support might lie at 93.50 (weekly low).